According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund. Source link
Day: February 21, 2025
Recent crypto liquidation scared off YouTube’s retail audience: Ran Neuner
Ran Neuner, founder of Crypto Banter, says recent crypto liquidations have scared off some retail investors. Source link
The LIBRA scandal exposed: Is the memecoin market rigged against you?
The latest Cointelegraph video unveils how the recent fiasco around LIBRA sheds light on widespread fraud in the memecoin markets. Source link
Argentina’s crypto adoption hopes dim after Milei’s LIBRA memecoin scandal
The chances for pro-crypto regulation in Argentina could crumble as a result of President Milei’s LIBRA memecoin scandal. Source link
Trump’s digital tax memo signals potential impact on US crypto firms
Key Takeaways President Trump is directing trade remedies against digital services taxes impacting US tech companies. The digital tax memo may affect crypto firms by introducing new compliance challenges and tariffs. Share this article Today, President Donald Trump is preparing to sign a memorandum directing the US Trade Representative to develop trade remedies against foreign digital services taxes that target US tech companies, including Alphabet and Meta Platforms, reported Bloomberg this morning. The initiative addresses digital service taxes implemented by roughly 30 countries, including France, the UK, and Canada, which…
The Libra scandal continues, ‘manufactured’ Bitcoin price action: Finance Redefined
Argentina’s Libra scandal continues to unfold, and Bitcoin’s two-month crab walk has raised “price suppression” concerns among industry leaders, such as Samson Mow. Source link
‘Alt season has begun’: CryptoQuant CEO
This time, the season will be likely driven by stablecoin holders, rather than a rotation out of Bitcoin, he said. Source link
Price analysis 2/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, SUI, XLM
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow? Source link
Solana to integrate SEC-approved yield-generating stablecoin with 3.85% APR
Key Takeaways Solana integrates $YLDS, an SEC-approved yield-generating stablecoin, offering 3.85% APR without asset lockups. Figure Markets’ $YLDS is the first yield-bearing stablecoin registered as a public security, operating on Solana’s blockchain. Share this article Solana is set to integrate YLDS, the first SEC-regulated yield-bearing stablecoin, offering users a 3.85% annual percentage rate (APR). The stablecoin will be available 24/7 and secured on-chain, with no lockup requirements. yield generating stablecoin on Solana soon. no lockups, use 24/7 and secured on onchain. internet capital markets https://t.co/pYJwiP7eDr — Solana (@solana) February 21,…
Bybit confirms withdrawals are active, warns of delays
In a livestream, Bybit’s CEO stated that 70% of transactions have successfully gone through, though some users may experience delays due to network congestion. Source link